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INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Enclosed please find herewith copies of the public advertisement of the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter ended 30th June, 2023 released in " the Economic Times" (English and " Pragativadi" (Odia) on 27th July, 2023
27-07-2023
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Q1FY24 Quarterly Result Announced for Indian Metals & Ferro Alloys Ltd.

Iron & Steel/Intermediate Products company Indian Metals & Ferro Alloys announced Q1FY24 results: Q1FY24 vs Q1FY23: Revenue of Rs 701.73 crore vs Rs 743.42 crore EBITDA of Rs 182.68 crore vs Rs 224.67 crore PAT of Rs 110.00 crore vs Rs 133.83 crore Exports of Rs 662.76 crore vs Rs 710.53 crore Q1FY24 vs Q4FY23: Revenue of Rs 701.73 crore vs Rs 636.90 crore EBITDA of Rs 182.68 crore vs Rs 143.61 crore PAT of Rs 110.00 crore vs Rs 63.65 crore Exports of Rs 662.76 crore vs Rs 603.37 crore Commenting on the results Subhrakant Panda, Managing Director said, “Despite softening commodity prices, the Q1 FY24 result is robust as we have benefited from lower input costs – primarily thermal coal and metallurgical coke. While there are global headwinds, the ongoing power crisis in South Africa along with stimulus measures to boost the Chinese economy is expected to support the ferrochrome prices. We, of course, continue to benefit from a fully integrated business model and a long-term debt-free Balance Sheet.” Panda further added, “Our expansion project in Kalinganagar, Odisha is on track with the Public Hearing being conducted successfully recently. We are also in active discussions to tie up hybrid renewable energy to meet our requirement for the project and comply with enhanced renewable power obligations (RPO).” Result PDF
26-07-2023
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INDIAN METALS & FERRO ALLOYS LTD. - 533047 - AGM Update.

This is to inform you that the 61st Annual General Meeting ("61st AGM") of the Company concluded today through Video Conferencing / Other Audio-Visual Means ("VC/ OAVM") facility. The Company provided remote e-voting facility to the members on the resolutions proposed to be considered at the 61st AGM from 22nd July 2023 (9:00 A.M. IST) to 25th July 2023 (5:00 P.M. IST) on the e-voting portal of National Securities Depository Limited ("NSDL"). Further, those members, who participated through VC/ OAVM facility, were provided facility to e-vote on NSDL portal during the AGM. The results of remote e-voting and e-voting during the 61st AGM, on the resolutions from Item No. 1 to 4 of the Notice of the AGM, will be forwarded separately on declaration of voting results, in the format prescribed under Regulation 44 of the Listing Regulations. The video recording of the AGM is also being uploaded on the Company''s website.
26-07-2023
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INDIAN METALS & FERRO ALLOYS LTD. - 533047 - For The Quarter Ended 30Th June 2023

The Board of Director of the company at there meeting held on 26th July 2023, inter alia, have approved the unaudited Financial Results for the quarter ended 30th June 2023.
26-07-2023
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INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

We wish to inform you that a Conference Call to discuss the Financial performance of Quarter ended 30th June 2023 with Analysts / Investors has been scheduled on 27th July 2023 at 11.00 A.M.
21-07-2023
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INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Closure of Trading Window

The trading window has already been closed with effect from 1st July 2023 pursuant to SEBI( prohibition of Insider Trading) Regulations 2015 for all Directors, KMPs, Designated Persons and the connected Persons covered under the said regulations and shall remain closed till 28th July 2023 for the purpose of declaration of Unaudited Financial Results.
17-07-2023
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INDIAN METALS & FERRO ALLOYS LTD. - 533047 - Board Meeting Intimation for Board Meeting Intimation

INDIAN METALS & FERRO ALLOYS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/07/2023 ,inter alia, to consider and approve We hereby inform you that the meeting of the Board of Directors of the Company will be held on Wednesday, the 26th July, 2023 to consider and take on record, inter-alia, the unaudited financial results (Standalone & Consolidated) of the Company for the quarter ended 30th June, 2023.
17-07-2023

Foxconn in talks to set up 4-5 semiconductor fab units in India: Report

The move comes after the firm announced its decision to withdraw from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta.
12-07-2023
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